EFCC Arrests Two Money Laundry Offenders with $238, 858 ~ N38,000,000

The Economic and Financial Crimes Commission, EFCC has arrested two suspects over an attempt to smuggle more than $238,858 ( two hundred and thirty eight thousand, eight hundred and fifty eight United States Dollars) out of the country through the Nnamdi Azikiwe International Airport, Abuja.
One of the suspects, Abdulrasheed Ibrahim was nabbed on Wednesday November 7 as he prepared to board a Dubai, the United Arab Emirates bound Ethiopian Airline. A total of $188,858 (one hundred and eighty eight thousand, eight hundred and fifty eight United States Dollars) was found on him. He had declared the sum of forty five thousand USD ($45,000) only for a search on him to reveal additional $143, 858.

Further search reveal that he was carrying forty British Pounds and 5753grams of solid gold worth thirty four million five hundred and eighteen thousand naira (N34, 518,000).

The suspect is still being interrogated

The second suspect, Hyginus Ezedimbu was apprehended at the Nnamdi Azikiwe International Airport on November 3 as he prepared to board an Ethiopian Airline on his way to China. He was caught with $50,000 but he declared $49,971. Apart from under declaring the money in his possession, Ezedimbu could also not explain the ownership of the money, nor was he able to produce the receipt with which he purportedly purchased the forex from a Bureau De Change. Musa Adamu operator of Majia Bureau de Change, Abuja, who purportedly sold the currency to Ezedimbu has been questioned even as the suspect has been release on administrative bail, pending the conclusion of investigation.

The arrest of the duo comes on the heels of similar arrests at two of the nation’s other major gateway, the Murtala Mohammed International Airport, Lagos and the Mallam Aminu Kano Airport, Kano. Sahara